Faculty News

In an in-depth interview, Professor Aswath Damodaran discusses the potential impact of Donald Trump's presidency on the financial markets

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Excerpt from the Financial Times -- "I think the one box where the Trump effect could be significant is what he said about trade. Because to the extent that he stands behind his words, and that's always with a caveat that all politicians say things when they are getting elected that they might not carry through, he's signaled the intent to not just not sign new trade contracts and trade agreements but also revisit old ones. And this is like game theory, which is if you go back and decide that you're not going to do something in the trade arena, there are going to be people 'oh you put up tariffs against certain countries, there are going to be others,' you could potentially set off a trade war. And that is not good news for anybody involved."

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